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20121129
20121207
Search Results 0 to 9 of about 10 (some duplicates have been removed)
that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget management says $115 billion was misspent. that's a tremendous savings right there. they are both much lower than everyone says we need. all economists say we need a minimum of $4 trillion or greater swing. that means a combining of many things. i think both of them are in the two or not much more than two or lower than two. that only goats you halfway there. i don't know how we got off track of what we really need to fix this. martha: he argues the economy is ready to take off if people would just stop playing the blame game. bill: one of the changes that may be coming is the reduction in the mortgage interest rate duck you can claim. but according to the i.r.s. only a small pe
and john boehner did the gangnam style, your approval ratings might go up. "outfront" tonight, tom mcclintock of the budget committee. thank you for taking the time. we just showed a lot of your colleagues going home on a wednesday night after working a three-day week. obviously, that's an image that frustrates so many americans. why are people going home before getting this done? >> well, unfortunately, we're not using the standard process where the house passes its version, the is that the passes its version, then a conference committee is very good in revolving impasses like this between the two houses. unfortunately, none of that's being used and i think that's one of the reasons why these things are blocking down now so regularly. we've abandoned a process that works very well when we use it. >> john boehner presented a plan to the president and in that plan, he put $800 billion in revenue from the wealthy on the table. he said he would close loopholes and those people would pay more money. you were a member of the tea party caucus and some in your caucus have slammed boehner's p
page. you have that proposal put forward by speaker john boehner that calls for $800 billion in new tax revenue, but some conservatives think that republicans are giving up too much. take a listen. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> look, i support the speaker and we're actually not very far apart on anything. you know at the end of the day, he has to negotiate a deal. if there is an area we do agree with the president on, that is 98% of the american people getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> now later this morning, president obama will be speaking and taking questions at the business round table meeting, a white house official saying that the president will make the case that middle-class americans need certainty that their taxes will not go up at the end of the year. he will also make the case that this fiscal cliff will have a negative i
. unfortunately, none of that's being used. >> in that plan john boehner put $800 billion on the table. he said he would close loopholes and those people would pay more money. you're a member of the tea party caucus. some in your caucus have slammed the plan, jim demint among them. do you think john boehner is the guy who's going to get this done? is he going to be able to lead your party to consensus? >> i don't know the answer to that question. what he's trying to do is to mitigate the damage that obama would do with these massive increases in rates. impasse is not an option. means everybody's taxes go up, but if the president has his way, taxes are going to go up on those very wealthy folks making over $200,000, but most are not very wealthy or folks, most are small businesses filing subchapter "s" companies, about 88% of net small business income will be for these taxes when we're depending on them to create two-thirds of the new jobs. boehner's trying to mitigate that mess. i wish him luck. something's going to f to have to give. >> something is going to have to give. from everybody i've talk
criticism from republicans who say wasn't serious. how speaker john boehner said he was flabbergasted. mitch mcconnell reportedly laughed out loud and in this debate over reducing the debt, the president is pushing for an additional $255 billion in spending. he wants those higher taxes to spend more, which is leading to some criticism. joining me now is brad blakeman, the former deputy to george w. bush. and chairman of the south carolina democratic party. a deal that is all about the republicans desire to cut back on the debt and deficit -- why would the president be proposing $255 billion in war spending? >> well, he's not. what he is proposing is shifting spending priorities. after those cuts, shifting priorities, and by the way -- this is infrastructure development. this is to make sure that people who have gone the payroll tax relief keep that payroll tax relief and expanding unemployment benefits. i will say this. this is the president's initial proposal. the silence from the republicans is deafening. they can counter this. but all they have done is whine and weep and cry and laugh abo
emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be getting involved to respond to the republican offering. he claims that the republican offer was balanced, and because republicans cannot just sit there and negotiate with themselves. here's more from the top republican leaders a short time ago. >> i will be here and i will be available at any moment. so, the president and get serious about solving this problem. reporter: they asked the president sit down so we can stop wasteful spending in washington. on the democratic side, there is emphasis that congress should pass the middle-class tax cuts for people earning up to $250,000 per year. to give those people economic certainty. here is more from nancy pelosi making her case. >> i consider what the republicans agree with the tax cut, but that will be a victory for the american people, and that is why we are here. i would hope that would break the fall of the fiscal cliff, which is becomi
Search Results 0 to 9 of about 10 (some duplicates have been removed)